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Sep 25, 2012
09/12
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. >> reporter: i'm diane eastabrook in central illinois. still ahead, the harvest is under way, and farmers are figuring out just how much damage the drought did to their crops. >> tom: that free checking account may not be so free. new regulations are squeezing bank profits, sending banks, both big and small, looking for new ways to bring in revenue. one way is by doing away with the free checking account which was so popular in the late 90's. ruben ramirez reports. >> reporter: dick evans is the c.e.o. of cullen/frost bankers. frost has 115 branches around texas. he says checking account fees are going up because of increased government regulation that went into effect a year ago. frost started looking for ways to simplify fees five years ago. its basic account carries a $5 monthly fee. but like many banks, if the account balance is above a certain level, the fee is waived. >> we have found that this account that i just described to you is excellence at a fair price. we give the quality service and it's a fair price and we have found that
. >> reporter: i'm diane eastabrook in central illinois. still ahead, the harvest is under way, and farmers are figuring out just how much damage the drought did to their crops. >> tom: that free checking account may not be so free. new regulations are squeezing bank profits, sending banks, both big and small, looking for new ways to bring in revenue. one way is by doing away with the free checking account which was so popular in the late 90's. ruben ramirez reports. >>...
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Sep 27, 2012
09/12
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diane eastabrook, "n.b.r.," hinsdale, illinois. >> tom: we saw two discouraging reports today from the c-suite, from top corporate executives. in separate surveys, both chief executive officers and chief financial officers are losing optimism. and both have dialed back hiring expectations. this stands in contrast to a report just yesterday from the conference board indicating consumers are more hopeful about their job prospects. the "deloitte c.f.o. signals survey," which tracks companies with revenues of at least $5 billion, found somber expectations for growth in sales, earnings, capital expenditures and hiring, all falling to a ten-quarter low. and roughly a quarter of the c.f.o.'s polled say their biggest worry is the upcoming fiscal cliff: >> some thrding about where things really are going, so they can set strategy and execute that strategy. we're going to be stuck in this for a while. as for the c.e.o. survey from the business roundtable, the chief executives point to the coming fiscal cliff and the potential impact from higher taxes and government spending cuts. chairman of the
diane eastabrook, "n.b.r.," hinsdale, illinois. >> tom: we saw two discouraging reports today from the c-suite, from top corporate executives. in separate surveys, both chief executive officers and chief financial officers are losing optimism. and both have dialed back hiring expectations. this stands in contrast to a report just yesterday from the conference board indicating consumers are more hopeful about their job prospects. the "deloitte c.f.o. signals survey,"...
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Sep 26, 2012
09/12
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the illinois boivin stsz $3 gas. and the east coast that gas competitive price is 4.50. internationally, there's no competition with gas, because it's priced so high that coal is the competitive fuel except in >> where is the customer demand going to come from, considering the regulatory issues in the u.s. when it comes to power plant emigs. >> we're seeing a long term reduction in coal as some of the older power plants phase down, and right now we're seeing new gas being built. we're seeing longer term new base load generating coal coming back into the generating mix in order to have that balanced stable base in the future. >> what about the international customers for american coal. what are you experiencing there? >> well, internationally, it's a different story. you look at china, india, the rest of the globe. 85% of the goethe in coal is going to come from china and india. coal has been at fastest growing fuel over 10 years, and projected to be the fastest growing over the next 10 years by the i.e.a., and by 2535 it should surpass all forms of energy. those are stif
the illinois boivin stsz $3 gas. and the east coast that gas competitive price is 4.50. internationally, there's no competition with gas, because it's priced so high that coal is the competitive fuel except in >> where is the customer demand going to come from, considering the regulatory issues in the u.s. when it comes to power plant emigs. >> we're seeing a long term reduction in coal as some of the older power plants phase down, and right now we're seeing new gas being built....
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Sep 13, 2012
09/12
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. >> reporter: maria de los angles torres heads the latino studies program at the university of illinois at chicago. she thinks the huge numbers of latinos who helped elect president obama in 2008 won't be there this fall. >> what you will see is people staying home, people withholding their donations which they are and the enthusiasm factor not there as it was the last time. >> reporter: mitt romney is hoping to turn some of that disaffection into votes. next week he'll address the u.s. hispanic chamber of commerce at its annual convention in los angeles. diane eastabrook, "n.b.r.," chicago. >> susie: new estimates are in, >> susie: new estimates are in, and it looks like this year's holiday selling season will be the strongest for retailers since the great recession took hold. shoppertrek sees overall sales rising 3.3%, it bases those numbers on visits to more than 50,000 stores. >> tom: the major stock indices inches higher as investors and traders wait for the federal reserve's announcement tomorrow if it will do anything more to help the economy. the session for the s&p 500 illustra
. >> reporter: maria de los angles torres heads the latino studies program at the university of illinois at chicago. she thinks the huge numbers of latinos who helped elect president obama in 2008 won't be there this fall. >> what you will see is people staying home, people withholding their donations which they are and the enthusiasm factor not there as it was the last time. >> reporter: mitt romney is hoping to turn some of that disaffection into votes. next week he'll...
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Sep 18, 2012
09/12
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in illinois, strikes are only permitted if they relate to wages and benefits, but the school system argues the teachers are focused on other issues like layoffs and class sizes. a judge is scheduled to decide whether to end the strike on wednesday morning, but the chicago teachers union could end it as soon as tomorrow, if it passes the latest contract proposal. the strike started last monday.. and affects almost 350,000 students. today is the one year anniversary of the "occupy wall street" movement, and with it came protests and arrests. hundreds gathered near the new york stock exchange, and despite the celebrations and carnival atmosphere, police still arrested dozens of protestors. since "occupy wall street" began a year ago, it kicked off a nationwide social movement to protest income disparity, corporate greed, and the influence of money on politics. today's protests were mild compared to the thousands of protestors who gathered in zucotti park a year ago in the heart of new york's financial district. so did the "occupy" movement make a difference? joining us to answer that... rob j
in illinois, strikes are only permitted if they relate to wages and benefits, but the school system argues the teachers are focused on other issues like layoffs and class sizes. a judge is scheduled to decide whether to end the strike on wednesday morning, but the chicago teachers union could end it as soon as tomorrow, if it passes the latest contract proposal. the strike started last monday.. and affects almost 350,000 students. today is the one year anniversary of the "occupy wall...
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Sep 11, 2012
09/12
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. >> reporter: this strike comes at a time when illinois is at odds with its public employees union over pensions. bruno says if the teachers prevail that could embolden those employees and public employees in other states. diane eastabrook, "n.b.r.," chicago. >> tom: still ahead, it's fashion week in new york city; from suits to ties to casual wear, we look at one group that's dressing up retailer profits: men. >> tom: after five weeks at home and on the campaign trail, congress was back to work today on capitol hill. members of the house and senate are back for a short september session, and they have a long to-do list. but with elections looming, some big decisions will almost certainly be postponed. sylvia hall reports. >> reporter: a lot has to happen inside these walls between now and january. first up, congress has until the end of this month to avoid a government shutdown. to do it, they'll probably pass a continuing resolution known as a c.r. c.r.'s have caused major battles between the parties in the past, but this one will likely pass soon. lawmakers could also pass a bill to
. >> reporter: this strike comes at a time when illinois is at odds with its public employees union over pensions. bruno says if the teachers prevail that could embolden those employees and public employees in other states. diane eastabrook, "n.b.r.," chicago. >> tom: still ahead, it's fashion week in new york city; from suits to ties to casual wear, we look at one group that's dressing up retailer profits: men. >> tom: after five weeks at home and on the campaign...